Balkrishna

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Acharya BalKrishna
Acharya Balkrishna.jpg
Born (1972-08-04) 4 August 1972 (age 48)[1]
Haridwar, Uttarakhand, India
NationalityIndian
OccupationAyurvedacharya[citation needed], businessman
Known for99.6% owner of Patanjali Ayurved
Net worthUS$2.2 billion (Oct 2020)[2]
TitleMD/CEO, Patanjali Ayurved
Websitewww.acharyabalkrishna.com

Balkrishna (Known as Acharya Balkrishna[3] 4 August 1972) is an Indian billionaire, businessman and chairman of the consumer goods company Patanjali Ayurved. He was reported by Forbes to have a net worth of US$2.22 billion as of October 2020.[2][4][3][5]

Early life[edit]

Balkrishna was born on 4 August 1972 in Haridwar, Uttarakhand (then Uttar Pradesh) to Nepalese immigrants, Sumitra Devi and Jay Vallabh Subedi from Syangja, Nepal.[1]

Career[edit]

In 1995, Balkrishna and Ramdev founded Divya Yoga Mandir Trust in Haridwar, and in 2006, they founded Patanjali Ayurved,[6] a fast-moving consumer goods (FMCG) company involved in the manufacturing and trading of FMCG, herbal, and ayurvedic products.[7] Followers of Ramdev, NRIs Sunita and Sarwan Poddar, helped kick-start the business with a loan. According to Balkrishna, he had taken out a ₹50–600 million loan at a time when he had never held a personal bank account in his name.[8] In 2012, the company posted a turnover of 4.5 billion (US$63 million) which by 2015–2016 had risen to 50 billion (US$700 million).[9] Patanjali Ayurved's revenue from operations increased marginally to Rs 9,022.71 crore in the year up to 31 March 2020, Revenue stood at about Rs 8,522.68 crore in FY19.[10]

While Ramdev does not hold a stake in Patanjali Ayurved, he is the face of the firm and endorses its products to his followers across his yoga camps and television programmes.[9] Balkrishna owns 98.6% of the company[2] and serves as its managing director.[11][better source needed] He is a close aide of Ramdev.[12] Acharya Balkrishna listed in India's 50 most influential personalities 2020.[13] He was reported India's third-youngest billionaire by Forbes India Rich List 2020.[14]

Personal life[edit]

Balkrishna lives in Haridwar, Uttarakhand, and is unmarried.[2]

Posts[edit]

  • General Secretary, Divya Yog Mandir (Trust).[15]
  • General Secretary, Patanjali Yogpeeth (Trust).[15]
  • managing director, Patanjali Ayurved Limited.[16]
  • Vice Chancellor, Patanjali University[17]
  • General Secretary, Patanjali Gramodhyog Trust [18]
  • Chief Editor, Yog Sandesh[19]
  • General Secretary, Patanjali Research Foundation[20]

Awards[edit]

  • Balkrishna was awarded the Champions of Change award in 2019, for his work in the field of Ayurved.[21][22]
  • Acharya Balkrishna was awarded the "UNSDG 10 Most Influential People in Healthcare Award", for his work in Healthcare sector.[23]
  • Acharya Balkrishna received "Best Wellness Impact Global award" from the CFI.co.[24]
  • Acharya Balkrishna honoured with "Bheeshma Puraskar" by Sant shree Gyaneshwar Gurukul, Pune.[25]
  • Acharya Balkrishna was awarded with AIMA Managing India Award 2018 for the "Transformational Business Leader of the Year" by Central Minister Rajyavardhan Singh Rathore.[26]
  • Acharya Balkrishna was awarded with "Shalin Manav Ratna Award- 2018" By Anoopam Mission for his contribution towards social welfare and Ayurveda.[27]
  • Acharya Balkrishna honoured with "Degree of Doctor of letter (Yoga) (Honoris Causa)" by S-Vyasa Deemed University Swami Vivekananda Yoga Anusandhana Samsthana for outstanding work done in the field of Yoga and Ayurveda.[28]
  • Acharya honoured with "Geeta Ratna Samman" by Spirituality Consciousness Association in January 2018 for his contribution towards Yoga and Ayurveda.[29]
  • Acharya Balkrishna was awarded with "Indian of the Year Business Category- 2017" for his contribution to the country to strengthened the foundation of our society and has helped build Brand India in the process by CNN-News 30 November 2017[30]
  • Acharya Balkrishna was awarded with "Jashn-e-Youngistan Samman for Business Icon of the Year" by News 24.[31]
  • Acharya Balkrishna honoured with "Lokmanya Tilak Award 2017" by Tilak Smarak Trust on 1 August 2017 for his contribution towards promotion Yoga & Ayurveda[32]
  • Acharya Balkrishna Ji awarded with "Bloomberg Special Recognition Award" On 22 March 2016 for outstanding contribution in the field of Ayurveda.[33]
  • Acharya Balkrishna, was bestowed with "Bharat Gaurav" award by Kaptan Singh Solanki, Governor of Haryana and Punjab in recognition of his amazing work in the field of Ayurveda at a programme organised by Indian International Friendship Society at New Delhi on Saturday.[34]

References[edit]

  1. ^ a b "Nepal followers celebrate Ramdev Aid Acharya Balkrishna's birthday with pomp". Daijiword.com. 4 August 2011. Retrieved 13 October 2016.
  2. ^ a b c d "Forbes profile: Acharya Balkrishna". Forbes. Retrieved 9 June 2020.
  3. ^ a b "A Billionaire With Fake Degrees And Passport – This Is Patanjali's CEO Acharya Balkrishna". indiatimes.com. Archived from the original on 17 March 2018. Retrieved 16 March 2018.
  4. ^ "Billionaire Baba: What makes Patanjali's Acharya Balkrishna one of India's richest". The Economic Times. 26 September 2017. Retrieved 16 March 2018.
  5. ^ "How Acharya Balkrishna built a multi-crore company – Billionaire Baba". The Economic Times. Retrieved 16 March 2018.
  6. ^ "Billionaire Baba: What makes Patanjali's Acharya Balkrishna one of India's richest". The Economic Times. 26 September 2017. Retrieved 17 March 2018.
  7. ^ "Ramdev turns his Ayurved enterprise into an FMCG empire". Business Standard. 1 July 2015. Retrieved 29 December 2017.
  8. ^ "The man who owns 94% of Patanjali Ayurved". The Times of India.
  9. ^ a b Singh, Kanishka (14 September 2016). "How our craze for Patanjali made Ramdev aide Acharya Balkrishna one of the wealthiest Indians". Indian Express. Retrieved 17 September 2016.
  10. ^ "Patanjali revenue up marginally in FY20, net profit rises 22%". Financial Express.
  11. ^ "Should Patanjali's Dizzying Growth Worry the Competition?". The Wire. 19 September 2016. Retrieved 13 October 2016.
  12. ^ "Ramdev's close aide and Patanjali CEO Acharya Balakrishna now worth Rs 25,600 crore". DNA. 14 September 2016. Retrieved 13 October 2016.
  13. ^ "India's 50 most influential personalities 2020". Yahoo News.
  14. ^ "Forbes India Rich List 2020: These are India's youngest billionaires". CNBC TV 18.
  15. ^ a b "Ramdev turns his Ayurved enterprise into an FMCG empire". Business Standard.
  16. ^ "Acharya Balkrishna receives 'UNSDG 10 Most Influential People in Healthcare Award". The New Indian Express.
  17. ^ http://dainiktribuneonline.com/2013/02/%E0%A4%86%E0%A4%9A%E0%A4%BE%E0%A4%B0%E0%A5%8D%E0%A4%AF-%E0%A4%AC%E0%A4%BE%E0%A4%B2%E0%A4%95%E0%A5%83%E0%A4%B7%E0%A5%8D%E0%A4%A3-%E0%A4%AA%E0%A4%A4%E0%A4%82%E0%A4%9C%E0%A4%B2%E0%A4%BF-%E0%A4%B5/
  18. ^ "संग्रहीत प्रति". Archived from the original on 16 September 2020. Retrieved 16 September 2020.
  19. ^ "संग्रहीत प्रति". Archived from the original on 17 September 2020. Retrieved 17 September 2020.
  20. ^ "संग्रहीत प्रति". Archived from the original on 19 September 2020. Retrieved 19 September 2020.
  21. ^ Pioneer, The. "Acharya Balkrishna receives Champions of Change Award". The Pioneer.
  22. ^ "आचार्य बालकृष्ण को 'चैंपियंस ऑफ चेंज' अवार्ड, पूर्व राष्ट्रपति प्रणव मुखर्जी ने किया सम्मानित". Amar Ujala.
  23. ^ "Acharya Balkrishna receives UNSDG 10 Most Influential People in Healthcare Award". Business Standard.
  24. ^ "Acharya Balkrishna (Patanjali Ayurved): Best Wellness Impact Global 2019". cfi.co.
  25. ^ "आचार्य बालकृष्ण भीष्म पुरस्कार से सम्मानित". Hindustan Hindi News.
  26. ^ "आचार्य बालकृष्ण बन गए 'बिजनेस लीडर', मिला एक और अवॉर्ड". अमर उजाला.
  27. ^ "आचार्य बालकृष्ण शालीन मानवरत्न पुरस्कार से सम्मानित". Hindustan Hindi News.
  28. ^ "आचार्य बालकृष्ण के नाम जुड़ी एक और उपलब्धि, इस काम के लिए डी.लिट की उपाधि से हुआ सम्मान". अमर उजाला Hindi News.
  29. ^ "आचार्य बालकृष्ण को दिया गीता रत्न सम्मान". जागरण.
  30. ^ "CNN-News18 Indian of the Year – Indian of the Year in Business – Acharya Balkrishna". news18.
  31. ^ "News 24 honours man who scares MNCs- Acharya Balkrishna". न्यूज़२४.
  32. ^ "आचार्य बालकृष्ण लोकमान्य तिलक अवार्ड से सम्मानित". Hindustan Hindi News.
  33. ^ "PATANJALI AYURVED LIMITED". IBEF : India Brand Equity Foundation.
  34. ^ "Haryana Guv presents Balkrishna 'Bharat Gaurav' award". The Pioneer.

External links[edit]